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Source: Faculty of Economics, University of Heidelberg
Resulting in 1 citation.
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Augurzky, Boris |
What Are College Degrees Worth? Evidence from the NLSY79 Using Matching Methods Discussion Paper Series No. 299, Department of Economics, University of Heidelberg, Germany, August 1999. Also: http://www.uni-heidelberg.de/institute/fak18/publications/papers/dp299.pdf Cohort(s): NLSY79 Publisher: Faculty of Economics, University of Heidelberg Keyword(s): College Education; Earnings; Women Permission to reprint the abstract has not been received from the publisher. This paper makes use of the method of matching to estimate the causal effect of the college education on future earnings for men and women. In contrast to regression models, the method of matching does not rely on functional form assumptions. Yet in this study a simple linear model is added to examine heterogeneity and an exogenous time trend in the return to college. The data are taken from the National Longitudinal Survey of Youth 1979. In particular, these data comprise ability measures that can be used to assess the ability bias in the estimated returns to college. Furthermore, the development of the returns is examined for the first ten years after college. An optimal full matching procedure based on propensity score calipers is used to stratify the whole sample of college graduates and non-graduates implying only small loss of observations and minimization of the distance across treatment and control groups over the complete sample. |
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Bibliography Citation
Augurzky, Boris. "What Are College Degrees Worth? Evidence from the NLSY79 Using Matching Methods." Discussion Paper Series No. 299, Department of Economics, University of Heidelberg, Germany, August 1999. |